A Victorian building company has collapsed, leaving almost 100 homeowners in a state of limbo. Montego Homes on Monday became the first major building company to enter voluntary administration in 2024, continuing a difficult few years for the construction sector. Insolvency firm Cor Cordis has been called in to act as administrator for the South…
DetailsA Victorian building company has collapsed, leaving almost 100 homeowners in a state of limbo. Montego Homes on Monday became the first major building company to enter voluntary administration in 2024, continuing a difficult few years for the construction sector. Insolvency firm Cor Cordis has been called in to act as administrator for the South…
DetailsA Victorian building company has collapsed, leaving almost 100 homeowners in a state of limbo. Montego Homes on Monday became the first major building company to enter voluntary administration in 2024, continuing a difficult few years for the construction sector. Insolvency firm Cor Cordis has been called in to act as administrator for the South…
DetailsA Victorian building company has collapsed, leaving almost 100 homeowners in a state of limbo. Montego Homes on Monday became the first major building company to enter voluntary administration in 2024, continuing a difficult few years for the construction sector. Insolvency firm Cor Cordis has been called in to act as administrator for the South…
DetailsA Victorian building company has collapsed, leaving almost 100 homeowners in a state of limbo. Montego Homes on Monday became the first major building company to enter voluntary administration in 2024, continuing a difficult few years for the construction sector. Insolvency firm Cor Cordis has been called in to act as administrator for the South…
DetailsA Victorian builder has been plunged into administration, impacting almost 100 homeowners across the state. Montego Homes appointed insolvency firm Cor Cordis on Monday, citing the impact of rising building costs. “Given the challenges that the construction industry has faced recently including rising building costs, the directors made the decision to appoint Voluntary Administrators to…
DetailsMontego Homes Enters Voluntary Administration Amidst Economic Pressures The Victoria-based construction company, Montego Homes, has entered voluntary administration causing a sudden halt to all its 18 ongoing projects. The immediate suspension has left around 90 customers amidst uncertainty and resulted in 11 employees losing their jobs. The administration firm, Cor Cordis, was appointed on Monday…
DetailsThis past fall, with student loan payments set to resume after the pandemic pause, dread was setting in. My pre-pandemic monthly payments had been a crippling burden that made saving money impossible; the pause was a lifeline that had allowed me to pursue a graduate degree and open my first-ever savings account. For more than…
DetailsA building company has appointed administrators and all work has urgently been paused, plunging nearly 100 homeowners into limbo. On Monday, Victorian-based building firm Montego Homes Pty Ltd went into voluntary administration. Sam Kaso and Shaun Matthews of insolvency firm Cor Cordis have been appointed as the administrators and halted all constructed work while they…
DetailsPress Release | Black Press Ltd. Black Press Ltd. and certain of its subsidiaries, have announced that it obtained an Initial Order on Jan. 15 under the Companies’ Creditors Arrangement Act (CCAA) from the Supreme Court of British Columbia in Vancouver. The Initial Order provides for, among other things, a stay of proceedings in favor of…
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